Bedell Frazier Investment Counselling LLC Sells 22,743 Shares of iShares Silver Trust (NYSEARCA:SLV)

Bedell Frazier Investment Counselling LLC lessened its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 170,412 shares of the exchange traded fund’s stock after selling 22,743 shares during the quarter. Bedell Frazier Investment Counselling LLC’s holdings in iShares Silver Trust were worth $4,487,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Eagle Bay Advisors LLC bought a new position in shares of iShares Silver Trust in the fourth quarter valued at about $25,000. Key Client Fiduciary Advisors LLC grew its stake in iShares Silver Trust by 406.5% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. raised its holdings in iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 972 shares during the period. Stonebridge Financial Group LLC acquired a new stake in iShares Silver Trust during the fourth quarter worth approximately $29,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 1,115 shares during the period.

iShares Silver Trust Trading Down 1.0 %

iShares Silver Trust stock opened at $31.00 on Monday. The company has a market capitalization of $14.83 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a 12 month low of $22.63 and a 12 month high of $31.80. The stock’s 50 day moving average is $29.36 and its 200-day moving average is $28.69.

iShares Silver Trust Profile

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust.